Mondelez International (MDLZ) Set to Announce Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ) is set to issue its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Mondelez International has set its FY 2019 guidance at $2.53-2.58 EPS.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Wednesday, January 30th. The company reported $0.63 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.63. The company had revenue of $6.77 billion during the quarter, compared to the consensus estimate of $6.77 billion. Mondelez International had a net margin of 12.64% and a return on equity of 14.03%. Mondelez International’s revenue was down 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.57 earnings per share. On average, analysts expect Mondelez International to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of MDLZ opened at $50.29 on Monday. The company has a market capitalization of $72.63 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 2.67 and a beta of 0.90. Mondelez International has a twelve month low of $37.42 and a twelve month high of $50.70. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.45 and a quick ratio of 0.30.

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were paid a $0.26 dividend. The ex-dividend date was Thursday, March 28th. This represents a $1.04 annualized dividend and a yield of 2.07%. Mondelez International’s dividend payout ratio (DPR) is 42.80%.

In other Mondelez International news, EVP Vinzenz P. Gruber sold 10,945 shares of the firm’s stock in a transaction on Friday, February 1st. The shares were sold at an average price of $45.86, for a total value of $501,937.70. Following the completion of the transaction, the executive vice president now owns 139,584 shares of the company’s stock, valued at $6,401,322.24. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Alejandro Lorenzo sold 26,347 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $46.94, for a total transaction of $1,236,728.18. Following the completion of the transaction, the executive vice president now directly owns 59,320 shares of the company’s stock, valued at approximately $2,784,480.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 72,127 shares of company stock valued at $3,398,519. Corporate insiders own 1.50% of the company’s stock.

MDLZ has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Mondelez International from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. Guggenheim initiated coverage on shares of Mondelez International in a research note on Tuesday, January 22nd. They issued a “buy” rating and a $47.00 target price for the company. Berenberg Bank downgraded shares of Mondelez International from a “buy” rating to a “hold” rating and set a $43.00 target price for the company. in a research note on Thursday, January 24th. Wells Fargo & Co restated a “buy” rating on shares of Mondelez International in a research note on Monday, January 28th. Finally, Barclays restated a “buy” rating and issued a $49.00 target price on shares of Mondelez International in a research note on Friday, February 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $47.90.

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About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company's primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.

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Earnings History for Mondelez International (NASDAQ:MDLZ)

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